Office Unit with
For Sale
Contact for pricing
555 SW 12TH Avenue #104, Pompano Beach, FL 33069
Office space within a larger professional building offering substantial on-site parking and convenient interstate access.
Property Size50,611 SF
Lot Size5.00 Acres
Price / SF$0.30
Days on Market84
Property Features for 555 SW 12TH Avenue #104
General Information
Standard status
Active
Size
50,611 SF
Total Parking Spaces
215
Lot size
5.00 Acres
Property subtype
Office
Additional Details
Highway Access
Yes
Building Details
Year Built
1957
Building Size
50,611 SF
Listing Agency:
Sutter & Nugent LLC
(561) 249-7266
Listed By:
Samantha Frances Melice · License #3458011
(716) 338-2557
Source:
Lehmannflorida
Added: Aug 6
Changed: Oct 27
Last Checked: Oct 28 at 7:11AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Sutter & Nugent LLC
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Investment Insights
Based on property information with market context.
Office Unit 104 provides 6,830 square feet within a 50,611-square-foot office building constructed in 1957. The property occupies 5 acres and includes 215 parking spaces, supporting a range of permitted uses. Utilities are allocated to the tenant on a pro-rata basis.
The building is located at 555 SW 12th Avenue in Pompano Beach, approximately five minutes from I-95. Its South Florida positioning provides access to the regional highway network, while the established office setting offers a practical environment for professional occupancy.
The building is located at 555 SW 12th Avenue in Pompano Beach, approximately five minutes from I-95. Its South Florida positioning provides access to the regional highway network, while the established office setting offers a practical environment for professional occupancy.
Key Highlights
- 6,830 square feet of office space available
- Within a 50,611‑square‑foot office building
- 5‑acre property with 215 parking spaces
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$1,023,719
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,474,380
$20.5M
Cap Rate 7%
$14,624,557
$14.6M
Cap Rate 9%
$11,374,656
$11.4M
Market Conditions
NOI Build-Up for 51,868 SF
Gross rent
$1.61M $30.96/SF
− Vacancy
−$240.9K −$4.64/SF
EGI
$1.36M $26.32/SF
− OpEx
−$341.2K −$6.58/SF
NOI
$1.02M $19.74/SF
Area
Pompano Beach, FL
Vacancy
15.00%
Lease Rate
$30.96 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$20,474,380
Cap Rate 7%
$14,624,557
Cap Rate 9%
$11,374,656
Alternative Uses
Best Use
Office B
$14.62M
$12.80M – $17.06M
NOI $1,023,719 @ 7.0% cap · market cap 6,661.80%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$20.23M
$17.70M – $23.60M
NOI $1,415,996 @ 7.0% cap · market cap 9,214.52%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
1,303
Businesses Nearby
Explore this area
Business Placement
Demographics for 33069, FL
28,817
Population
16,052
Households
1.8
Avg Household Size
42
Median Age
32%
College-Educated
86%
High-School Grad
9.4 sq mi
ZIP Area
3,066
Density / Sq Mi
$57,462
Median Household Income
$35,725
Median Earnings
$1,685
Median Rent
$253,000
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office unit - Office space within a larger professional building offering substantial on-site parking and convenient interstate access.
Where is this office unit located?
The property is located at 555 SW 12TH Avenue #104 Pompano Beach, FL.
What are key features of this property?
This property features: 6,830 square feet of office space available; Within a 50,611‑square‑foot office building; 5‑acre property with 215 parking spaces
